I canny believe you are still bothering with this gibbering wreck of a hun. Highlander's just started on ITV4 I think it is. It's more historically accurate than baw heid 
ALL three of the remaining bidders for Rangers have refused to rule out liquidation
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You are talking of an administration sell off. everyone else is talking about liquidation.
Obviously you are not very business savvy
Pre-Pack Liquidation.
Ok, tell us about Luton again. You were the one criticising people for going over old ground because they had lost the argument. For the third time you have been destroyed in talking about Leeds, so why not have another go with Luton?
Lost what kiddo?
You've been shown to talk ****e. You've been shown to lie (saying Leeds had been found guilty of tax evasion).
You're all over the place.
You talk about CVAs at Leeds and how the CVA was scrapped but then fail to explain how you're going to get a CVA at Rangers in the first place. It was HMRC that appealed against the CVA at Leeds. That was the reason it was scrapped.
Liquidating an empty vessel when a going concern has been sold. Rangers in liquidation is not a going concern.
Anyways, now that the argument is officially over with the victor being me. Ill call it an end.
Thanks for all the responses though. You have just got the thread way up to the top of the google search.
Anyone that searches for the key words is going to get a overload of sources showing how it works!
Thanks for all the responses though. You have just got the thread way up to the top of the google search.
Anyone that searches for the key words is going to get a overload of sources showing how it works!
I canny believe you are still bothering with this gibbering wreck of a hun. Highlander's just started on ITV4 I think it is. It's more historically accurate than baw heid
In big teams from Glasgow..... There can only be one.
Liquidation would have the same effect as Highlanders sword
And you'll be pasted onto forums to show how much of a tool you are.
Well done, laddy
No, do please stay and tell us how HMRC are going to agree to a CVA then appeal against the CVA so it gets scrapped.
And tell us more about how Leeds were found guilty of tax evasion meaning that HMRC would refuse to deal with them.
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ps The green light next to your name means your still online by the way.
And just like that. He was gone
Let me get this right. He didn't want to convince us of his argument, he wanted to get his argument to the top of a google search.
So what happens when someone clicks on it and reads him getting an absolute roasting from everyone. Surely that undermines his argument even more than keeping it to himself?
He did tell us that he was more intelligent than us, so there has to be a reason that he wanted his laughably stupid idea at the top of a google search...... I am just too dumb to work out why he would want the entire internet to laugh at him.
We've been had Bhoys (and Ghirl). *shakes fist at screen*
Let me get this right. He didn't want to convince us of his argument, he wanted to get his argument to the top of a google search.
So what happens when someone clicks on it and reads him getting an absolute roasting from everyone. Surely that undermines his argument even more than keeping it to himself?
He did tell us that he was more intelligent than us, so there has to be a reason that he wanted his laughably stupid idea at the top of a google search...... I am just too dumb to work out why he would want the entire internet to laugh at him.
We've been had Bhoys (and Ghirl). *shakes fist at screen*
Silly Timmy, it means that somebody is online using that account. Baldrick could have announced his intention to liquidate the account and sold it to another user. The account name is still Baldrick but the person using the account is someone else.
I canny believe you are still bothering with this gibbering wreck of a hun. Highlander's just started on ITV4 I think it is. It's more historically accurate than baw heid
With his constantly repeated phrase "To be honest" he sounds like one of those Nigerian scams ("I would not lie to you my friend") - check your bank accounts folks!
Guys,
Rangers can use the same method the Leeds United and Luton Town used to exit admin without agreeing a CVA.
The History is saved. Its a Simple Pre-Pack.
http://www.scribd.com/doc/87980843/leeds-cvl
This is the official document from the administrators to show that the CVA failed. See pages 8-9.
Leeds were deducted 15 points for exiting administration without a CVA. They did a pre-pack.
The pre-pack can be done at any stage un until the Liquidation is completed.
It can actually be done after as long as the liquidators have the Goodwill (trading rights and history).
Rangers can use the same method the Leeds United and Luton Town used to exit admin without agreeing a CVA.
The History is saved. Its a Simple Pre-Pack.
http://www.scribd.com/doc/87980843/leeds-cvl
This is the official document from the administrators to show that the CVA failed. See pages 8-9.
Leeds were deducted 15 points for exiting administration without a CVA. They did a pre-pack.
The pre-pack can be done at any stage un until the Liquidation is completed.
It can actually be done after as long as the liquidators have the Goodwill (trading rights and history).
Oh guys,
we never talked about Airdrieonians.
Want to know why they liquidated (well we all know a club cant, only the holding company can).
They again didnt agree a CVA but they really did die.
The airdrie / airdrieonians scenario is as follows :-
Today I will be talking about the demise of poor Airdrieonians.
Many have tried to liken the situation Rangers are in with Airdrieonians to suggest that Rangers will also lose their history.
This idea is wrong, and it is very easy to prove.
When Airdrieonians went into administration, they were in serious trouble.
All was not lost, several bidders were interested in striking a deal with KPMG to take control over the assets.
Unfortunately none of these bids were successful.
The company holding the club of Airdrieonians entered the process of liquidation.
All was still not lost, interested parties were in negotiations with KPMG to revive the club by selling on its key assets. The stadium, and the all important 'goodwill' which would allow the clubs history to remain intact.
A local business man under the name of Jim Ballantyne had another idea though.
Jim decided it would be more economically viable to start a whole new club, rather than purchasing the 'goodwill' and continuing the previous business.
There were never likely to be any buyers for the club name after Jim Ballantyne, a chartered accountant, registered the name Airdrie FC at Companies House and applied for the SFL vacancy, effectively acquiring the club’s abbreviated name for free.
Jim then purchased Clydebank Football Club and used the shell company to hold his entirely new entity.
Airdrie FC was born afresh with no affiliation to the previous Airdrieonians.
http://www.scotsman.com/news/airdrie-name-game-could-be-in-vain-1-568079#
************************************************************
This scenario is very different to the one likely to be facing Rangers if we go down the NewCo route.
The 'goodwill' of Rangers FC is probably the most important asset of the current company. The history is too glorious to lose. The buyers know this and this will be the key asset associated with any sale.
As long as this is purchased and transfered to the new company, Rangers history is intact.
we never talked about Airdrieonians.
Want to know why they liquidated (well we all know a club cant, only the holding company can).
They again didnt agree a CVA but they really did die.
The airdrie / airdrieonians scenario is as follows :-
Today I will be talking about the demise of poor Airdrieonians.
Many have tried to liken the situation Rangers are in with Airdrieonians to suggest that Rangers will also lose their history.
This idea is wrong, and it is very easy to prove.
When Airdrieonians went into administration, they were in serious trouble.
All was not lost, several bidders were interested in striking a deal with KPMG to take control over the assets.
Unfortunately none of these bids were successful.
The company holding the club of Airdrieonians entered the process of liquidation.
All was still not lost, interested parties were in negotiations with KPMG to revive the club by selling on its key assets. The stadium, and the all important 'goodwill' which would allow the clubs history to remain intact.
A local business man under the name of Jim Ballantyne had another idea though.
Jim decided it would be more economically viable to start a whole new club, rather than purchasing the 'goodwill' and continuing the previous business.
There were never likely to be any buyers for the club name after Jim Ballantyne, a chartered accountant, registered the name Airdrie FC at Companies House and applied for the SFL vacancy, effectively acquiring the club’s abbreviated name for free.
Jim then purchased Clydebank Football Club and used the shell company to hold his entirely new entity.
Airdrie FC was born afresh with no affiliation to the previous Airdrieonians.
http://www.scotsman.com/news/airdrie-name-game-could-be-in-vain-1-568079#
************************************************************
This scenario is very different to the one likely to be facing Rangers if we go down the NewCo route.
The 'goodwill' of Rangers FC is probably the most important asset of the current company. The history is too glorious to lose. The buyers know this and this will be the key asset associated with any sale.
As long as this is purchased and transfered to the new company, Rangers history is intact.
Guys, if you still dont believe me that a Pre-Pack done by the adminstrators when a company ( like Rangers or Leeds or any other) is looking at liquidation, then look at the following example :-
Today I will be demonstrating an example of a corporate entity who decided to go down the Pre-Pack route to leave creditors swinging, yet in the process maintained their history.
Yes, unbelievable I know! But the laws of this country really do allow it.
Right now, i can just about hear you asking 'but surely this was some wee hole in the wall operation! No big company could get away with this!'.
You would of course be wrong!
It was in fact the large multi-national DTZ.
http://www.telegraph.co.uk/finance/...perty/8934775/DTZ-sold-to-Australias-UGL.html
But given the musings journalists with undoubted financial qualifications such as Graham Speirs and Mark Hately, this should mean that the history of this institution is now confined to the record books!
Exploiting my own ingenuity, which obviously surpasses capability of the investigative journalists within Scotland, I used this amazing website called Google and typed in the letters 'D', 'T' and 'Z' and hit enter.
I went to the first link and it showed me these amazing facts!
http://www.dtz.com/Global/Who_we_are/History?vgnLocale=en_GB
Holy cow! The business was alive and kicking with a full corporate history!
Today I will be demonstrating an example of a corporate entity who decided to go down the Pre-Pack route to leave creditors swinging, yet in the process maintained their history.
Yes, unbelievable I know! But the laws of this country really do allow it.
Right now, i can just about hear you asking 'but surely this was some wee hole in the wall operation! No big company could get away with this!'.
You would of course be wrong!
It was in fact the large multi-national DTZ.
http://www.telegraph.co.uk/finance/...perty/8934775/DTZ-sold-to-Australias-UGL.html
But given the musings journalists with undoubted financial qualifications such as Graham Speirs and Mark Hately, this should mean that the history of this institution is now confined to the record books!
Exploiting my own ingenuity, which obviously surpasses capability of the investigative journalists within Scotland, I used this amazing website called Google and typed in the letters 'D', 'T' and 'Z' and hit enter.
I went to the first link and it showed me these amazing facts!
http://www.dtz.com/Global/Who_we_are/History?vgnLocale=en_GB
Holy cow! The business was alive and kicking with a full corporate history!
Guys want me to go over the Leeds / Luton Town NewCo without CVA thing again or are you starting to get it?
Since everything else has been repeated ad nauseam, I might as well ask again - what has a North London football team got to do with Rangers history?
http://goodwillfc.com/
http://goodwillfc.com/